11 Dave Ramsey budgeting tips for saving money

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Here’s a quick list of simple budgeting tips from finance guru Dave Ramsey that you can start doing today to help you save money and stay on top of your family finances.

11 Dave Ramsey budgeting tips for saving money

Dave Ramsey is an absolute finance guru in the US.

He’s a finance expert and successful businessman who has built up a massive following based on his brilliant financial tips.

Financial tips that have helped changes many people’s lives.

Changed their lives by helping them get out of debt, stay out of debt and better still, find a way to be financially free.

What is financial freedom?

Financial freedom means that you are in control of your finances to a point where you can make choices in your life without being overly stressed about the financial impact because you are prepared.

It isn’t about get rich quick schemes.

Plus it also doesn’t mean that you are free of all the responsibility of managing your money.

In fact, the focus is firmly on managing your money well.

Being in complete control of your finances.

Which takes time, especially if you’ve never felt in control of them before.

But the effort of learning to be in control of your money is SO WORTHWHILE.

Get started with some simple tips to help you towards financial freedom

Here are some simple tips to help you get started working towards financial freedom for you and your family.

There’s a well-known saying in the UK…

“Look after the pennies and the pounds will look after themselves”

These tips are very much in line with this saying.

11 Dave Ramsey budgeting tips for saving money

1. Pay off your credit card balance in full every month

We use our joint credit card for most of our daily purchases.

Using one main card is convenient, keeps the monthly bank neat and we get cash-back.

But one thing we do RELIGIOUSLY is pay off the total bill each month IN FULL.

Of course you have to be able to pay the bill off in full each month, which involves setting yourself a budget and being mindful of how far you are through that budget during the month.

If you really can’t get into the swing of paying off your credit card in full each month, it’s time to cut that card up and use cash instead!

2. Stop eating out

Eating out is expensive compared to eating at home, even when it’s a meal-deal or special offer meal.

And especially when you’ve got a whole family to pay for.

So stop doing it.

Save eating out for super special occasions.

Meal planning is a great way to make meals at home more interesting – and it’s also a great way to save money on those meals too.